πππWhen it comes down to the crunch of whether to save the banks or quell down high inflation, I believe that the Feds will save the banks first. This is because it is of utmost importance to maintain the integrity of the US financial system. It is the bedrock of the US economic success and the US Dollar being the world's strongest currency.
I also believe that the Feds may even temporary pause the interest rate this week to give the banks some breathing space and restore some semblance of calm into a market plagued by fear and contagion by the recent bank runs.
However this is a good time to buy stocks of big US banks like JP Morgan and Bank of America as they will be more resilient with their rock solid balance sheet as they will continue to grow long term.
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